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in afghanistan. the pentagon says funds from a $2.1 billion trucking contract to get supplies to american troops were funneled to the militants. a pentagon spokesman says a new contract will be awarded and applicants will be more thoroughly vetted. >>> we have an update tonight on the u.s. government law enforcement initiative that allowed guns to fall into the hands of mexican criminals. we have an exclusive report on some of the buyers in operation fast and furious. >> it's a lot of guns. that was the first thing that came into mind. >> this attorney represents manuel acosta, the man accused of recruiting 19 straw buyers later indicted for smuggling guns to mexico. >> they walk into a store, fill out a form, they buy a couple of rifles and walk out and give it to the guy. he gives them a few hundred bucks. >> to purchase a gun every buyer fills out this form. it asks, have you ever been indicted for a felony, been charged with a crime that allows for a year in jail? are you subject to a restraining order? the gun stores forwards that to the fbi, which then approves, denies or delays the purcha
of afghanistan and iraq. >> the republicans we have on the show say they are open to the loophole cuts. are they? >> tom coburn is. he provides a lot of cover. >> i was wondering what mike was quoting. how many pages can you get read in the seventh inning stretch? >> it's in between innings. it's the entire game. >> the tough thing for president obama, he's going to say he will extend the deadline, if it looks like a deal is coming together. this, to me, is the difficult part. if all he had to deal with was the senate, i have no doubt in the next week you would have a deal that would work. the house is difficult. he's going to need to know from nancy pelosi and john boehner the votes are in place. today, not even close to that. >> you will lose 100, maybe 120 republicans right out. if you get most of the democratic caucus and boehner pulls in 100 republicans, it gets done. it's up to the democrats. i think boehner can get 100 republicans. can pelosi get 120 democrats? >> right. okay. we are going to get to bill karins on the heat in a minute. before we go, new developments in the hacking scandal
be the most egregious example to date of widespread corruption in afghanistan. american taxpayer money, hundreds of millions of dollars, ending up in the hands of the taliban. a year-long u.s. military task force discovered that the money was siphoned from a $2 billion transportation contract to provide most of the supplies to american troops. a source with knowledge of the investigation has briefed cnn about how it all went down. we are joined now from the afghan capital, kabul. just tell us briefly, how did this happen? >> reporter: this is coming from an internal report, but basically what happened was trucking companies subcontracted out to local entities here, who then in turn subcontracted out to even more local providers. what happened was it turns out that some of those local, more local firms actually had some ties to nefarious elements, including the taliban. what we see here is a bulk of the transportation costs being filtered through some of these trucking companies and part of that money is actually ending up in the hands of the very individuals who are fighting nato force
and afghanistan, which republicans are likely to argue are not true cuts, so whose plan will prevail? in a conference call sunday boehner told his fellow house republicans i think we can win this for the american people, but then it's going to require some of you to make some sacrifices. if we stand together as a team, our leverage is maximized. they have to deal with us. >> that last comment was probably directed at the republican members who have said that they will not vote to raise the debt ceiling under any circumstances. speaker boehner will need their votes if he wants his legislation to win out in what is shaping up to be a partisan showdown. rebecca. >> cbs's nancy cordes on capitol hill. thanks, nancy. >>> if a deal does or does not happen, how does that affect most americans? joining us with answers is robin farzad, and already you are seeing the ripple effect of the uncertainty on the markets, but what's the ripple effect on average americans if this thing doesn't happen? >> it's mostly going to be psychological throughout the week. people perceive -- suddenly start perce
in afghanistan and next director of the c.i.a. certains -- earns a salary of approximately $180,000. the secretary of defense earns about $200,000. how then can we justify salaries of up to $700,000 for defense contractor executives? i understand there may be contractors who supply services to our nation that our government cannot perform on its own. however, i am also absolutely certain there is no one single private contractor whos value to our national security is twice that of the commander in chief of the united states military. at a time when the chairman of the joint chiefs is telling us that the nation's deaf is the number one threat facing america, we cannot continue -- debt is the number one threat facing america, we cannot keep paying private contractor salaries that are more than triple the pay of our military leadership. my amendment simply states that funds in this bill will not be used to pay a federal government salary for any individual defense contractor that exceeds the valerie of the secretary of defense. that sal -- salary of the secretary of defense. that s
/11. that was the argument that was being made that we had to do all of these other things and got into afghanistan and iraq. so there's no -- there's no argument from me or any republican. in fact, most republicans while you saw the losses in '06 and '08 came from those very republican whose stopped supporting the party, because it moved away from its conservative fiscal principles with respect to spending, by spending so much money. that's been the crust of this whole argument that helped form the tea party. the tea party folks by the way, did not start in 2009. >> right. that's my point. >> they've been in the works some time. >> they were absolutely silent. my point. >> when it came to spending the first coal health of the country. >> to bring it could current day, instead of going through the history, which i appreciate. right now we see that the discussion is back on potentially eliminating tax loopholes, lowering the corporate rate, which i am a big fan of and also part of the paul ryan plan. which was passed. sometimes being, a the speaker of the house can be a little like herding cats. i'm wonderin
of the joint chiefs is admiral mike mullen, he is in afghanistan and he said when he was asked the question, he's not sure what happened. >>... (inaudible) in our government defaults, where will that affect service members? i don't have the answer. we are focused on making sure we don't have it affect people already in the military. >> that was hard to pick up, the words are on the screen, and, he met with servicemen in bases in southern afghanistan and he's confident they will get paid and more confident the mission will continue in afghanistan, uninterrupted. >> we have this "fox news alert" for you, from overseas, now, we could soon learn the verdict for the american held in iran two years on spying charges, josh fattal and shane bauer were arrested in july of '09 after crossing into eastern from iraq and, they say they made a simple mistake and today was the final court session of their case, according to a judiciary spokesperson in iran and a lawyer for the hikers says we'll know the verdict within a week, under iran's islamic law, espionage can be punished by execution and, again, the sta
50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week will have his press conference at which time he's going to do something. i think it's his third one
party support and served as a captain in the air force, including tours in afghanistan and iraq. congressman, welcome very much. >> thanks. >> happy to have you. and welcome to everyone. doris, sometimes satire can be the most damning in terms of summing up where we are. "the onion" newspaper has this headline this week -- "congress continues debate over whether or not nation should be economically ruined." if the question is whether washington is broken, make the case that the answer is yes. >> i think there's no question it's broken. you know, our country was created on the principle of compromise. think about it. the states versus the federal government, senate versus house, north versus south. and i remember once, one of the old framers was asked, what is the three principles of this new government you've created? well, the first is compromise, the second is compromise, the third is compromise. something's happened where compromise has become a terrible word in washington. it's partly because the parties have become more ideologically separated. henry clay was the great comp
social security checks and veterans benefits. soldiers on the frontline in afghanistan asked the chairman of the joint chief of staffs if they will get their checks if the government defaults. president obama talked with mitch mcconnell and met with all sides to try to beat the clock and strike the deal. >> jessica, we heard earlier on they needed about a week after the deal was passed so they could get it to the president's desk for signature. if they get a deal in the next day or on monday, do they still have time to get this signed and so we avoid this default? >> well, there certainly are still procedural things that would have to happen before they do so but at this point every person i've talk to says if they have a deal in hand they will make it happen. no one here in washington wants to see the nation default on its debt, ann. >> we are talking about talks at the white house. we have heard about those talks before. what do you know about those? any progress being made? >> reporter: it doesn't appear so. there were about 90 minutes this afternoon at the white house with nancy pelos
want to get you caught up in another headline coming out of afghanistan. the president's brother, half- brother, shot dead by bodyguards. joining us on the phone is hei di with the associated press. what happened? guest: this man was a close associate of the president's brother. he was in ahmad wali karzai's house and shot him at least twice before he himself was gunned down. host: was it his own bodyguard? who was this person? caller: we are still gathering details on who this man was. it's clear he was a very close, personal friend. he does handle security for ahmad wali karzai. it sounds like he is a much higher level than your personal bodyguard would be. in theaallowed a gun home, which shows the trust between the two men. brother awas karzai's target? very powerful figure in southern afghanistan and a very controversial one. he's the head of the provincial council, which on its own would make him the man controlling the area. both because of his connections to the president and a lot of associations -- he made things happen in kandahar province, which is the real former stronghol
petteri will be receiving the medal of honor because he had a gun to his head in afghanistan. he was asked to do something for his country, let's ask these people in washington to do something for their country. just get together and get something done. >> you know, there is huge news out of afghanistan this morning that we're going to get to as well as rupert murdoch and his media empire. what's going on with that. >> this is extending, by the way, to "the times" of london? >> yes, the big story. >> the other players, this is earth shattering. i thought the big thing -- i thought it was about one tabloid. whew. this is so serious. >>> ahead this morning, we're going to bring in the ranking member of the budget committee, congressman chris van hollen. and oil tycoon t. boone pickens will be here. eugene robinson. >> by the way, on that story, i mean, they're not tapping the phones of the british prime minister, but they're -- they're trying to get his records -- >> may be an institution that has rot on the the core. it is a big problem. >> medical records. >> bank accounts. >> after the br
, that's clear, isn't it? so there he was, he was making his 15th trip to afghanistan and it was while he was over at camp leatherneck that the marines asked him, okay, if there are a bunch of pentagon cuts, how is that going to affect our equipment and stuff like that. and wherever he has gone so far during this particular swing through the country of afghanistan, the troops are saying are we going to get paid? and he's saying, i don't know. just know this whatever you are owed you'll get paid eventually. you know, and this is how this works down. if we do, talking about if we go into a debt ceiling where we can't pay our bills technically which i don't agree with anyway, let's say, the president has the tablt to decide who gets paid when. clearly the debt is going to get paid first. china and saudi arabia are paid before our military, as bad as that sounds, that has to happen, so our borrowing costs don't go through the roof and then pay the military and social security, and if you dodonn tt order, give the department of education money first, it's the president's fault. it's not congre
.s. involvement in afghanistan, pakistan and iraq has cost up to 4 trillion dollars over the past decade. your reaction to that? >> i think that study is badly flawed for a number of reasons. it's counting costs we would have incurred anyway for the existence of the military. it does focus on the potential explosion of medical costs. that is something i think even defenders of the defense department have said for some time that is an area of cost cutting we ought to be looking at. badly flawed but there are points worth taking into account going forward. >> gregg: unless anyone thinks we forgets, more than 6,000 american lives in various wars over the past decade, hundreds of thousands have been injured. ambassador john bolton, happy independence day and thank you so much for taking the time. >> thank you. happy 4th. >> heather: it appears that new york city's budget woes are far-reaching. the city will have to shut down the swimming pools and summertime programs. david lee miller looks how the money crisis will hit the youngest residents? >> we're not just talking about new york city, a natio
afghanistan and he's meeting with leaders there and meeting with u.s. troops. early wake-up call on the shuttle atlantis. >> ♪ i get knocked down i get back up again i get knocked down i get back up again ♪ >> seems like i just heard it on the radio yesterday. waking up to the song and today they will be supplying a supply module on the outside of the international space station using a robotic arm and they'll prepare for a space walk tomorrow. meantime, nasa keeping a close eye on some space degree that could come dangerously close to the space station. the duke and duchess of cambridge are back home in london after a 12-day tour of canada and the united states. william and kate left los angeles international airport yesterday taking up more than a dozen seats in first class on a regular british airways commercial flight. the final activity on their california trip paying tribute to the men and women in the military and helping make care packages for children of deployed service members. and those are your headlines. >> they look very much at home in america. >> they did.
al-qaeda move money and fighters in to pakistan and afghanistan. here now, a spokesman for four u.s. ambassadors. thanks for being with us. we known about their support of terror groups throughout the years, hezbollah and others but what about al-qaeda is this is the first time we've had solid evidence? >> it's actually not the first time. the four individuals that were designated in 2009. don't forget that the 9/11 commission report called out this phenomenon, said that al-qaeda and iran are working together. i think thursday's announcement is good news. we should congratulate david cohenfor making this announcement and pushing through this decision. i'm sure it was very difficult. the state department under secretary clinton has not been so forth right. hopefully by designating the six individuals that we can move the diplomacy and force a lost these countries that are protecting terrorists by not enforcing banking laws. certainly the u.n. has asked them to enforce banking laws. >> gregg: i'm glad you brought up the united nations. when it comes to fighting terrorism is the unit
behind, the war in iraq, some said don't try to build a nation in afghanistan. stop spending all this money. when the democrats came in in 2009, they increased every department 10%. if it's 25% the feds are taking and the 12 to 15 the state and local are taking. that's why they are all cutting back. >> pat, pat, pat -- >> you will drive this economy deeper into recession if you put $1 trillion in taxes on it. >> pat, i don't disagree with cutting spending. i'm trying to tell you 70% of how we got into this problem was spending and 30% was cutting spending that we wouldn't afford. it happens to be 70% spending reductions. 30% tax increase. >> this is one place i agree with krugman. mike barnicle should be in this. jobs are the thing. we have to create jobs. how does hammering business with $1 trillion in tax increases when government is going down in size, they created the only jobs. john heilemann. >> just as point of fact -- was about letting part of the bush tax cuts expire after 2012. that's where the revenue is going to come. no tax increase in 2011 or 2012. it was raising ta
while tossing an enemy grenade away from fellow soldiers in afghanistan. sergeant first class leroy arthur petry is the second recipient of the award for actions in iraq and afghanistan. a baseball fan is lucky to be alive after he almost fell 20 feet head first while trying to catch a ball during the all-star home run derby. keith car michael's brother, friends and some fans grabbed his legs and likely saved his life. last night's incident comes just days after a texas ranger's fan plunged to his death while trying to grab a ball. >>> and the new york fan who caught derek jeter's 3,000th career hit and gave it back instead of trying to cash in could still be slapped with a big tax bill. as much as $14,000 according to some reports. that's because yankee boss gave christian lopez free luxury suite tickets to every remaining game and a lot of yankee autograph swag. if that's taxable income then he'll have to pay up. if it's considered a gift, then he'll be safe from the irs. >> why wouldn't be a gift? >> i don't know. they have to figure this out. what i will say as a non-baseball fa
. caller: donald trump wants to set went to iraq and afghanistan because they were oil-rich nations. we won the war. i don't think and buying debt these days. host: about what the question that those did contribute to the problems we are having right now. guest: everything did continue. the question is what percentage. i would disagree saying the president has tremendous leverage. he has no leverage. the democrats and the republicans and congress are going to make this deal. one or both of them are going to leave town and dump it on his lap. the poling is really unhelpful, often ends in these things. on one hand they want cuts and spending. they an over 60% want the capital plan. the president is appearing more favorable than congress. the president always does. the president's rating have been going down dramatically. because of that. because the president doesn't feel comfortable, they don't want this issue to come up again until 2012. they don't want to have this again until 2012. they want to talk about other things. we have this situation now where this debate has paralyzed the country
in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that it would pass. host: couple we go to an independent in michigan, here is what the "new york times calls " says this morning. go ahead. caller: i called my representative yesterday and asked him to work with the president to compromise and make sure that the debt ceiling is raised over into 2013. this is destroying our economy. host: where do you see compromise? caller: th reid plan has cuts and take this off the table until 2013. i think that that makes sense. host: so you do not agree with republicans on this. caller: i do not. there is trillions of dollars being cut. let's take this and we don't want to make this something that the rest of the world is going to use against us. our dollar is worth nothing in the last 10 year
in iraq, afghanistan, and elsewhere. what we need to do is have a growth agenda. we need to reprioritize. so instead of subsidizing off-shore jobs, we are subsidizing the growth of manufacturing here in the united states. let me make my second point. this is what the is about. republicans put a bill on the floor that they call cut, cap, and balance. i called it cut, cap, balance, wink, and nod. it absolutely wasn't real. if you just lost your job, because it was out sourced. if you are the c.e.o., you made the million dollars, you get a $100,000 check in the mail tax cut. how is that fair? backbone of the american economy. and the bill on the floor was a kick to the stomach. we need solutions defend middle class than those who provide tax holes for the middle class. host: i want to ask about yesterday what was provided for the public? guest: if you were an auto broker, yeah, it was a good deal. but going into that deal, most was recouped. at the end of the process, yes, over $1 billion, if you are an auto worker, and you are checked your job, and we have a job analysis in the united stat
don't leave any troops in iraq and ditto with afghanistan. get on with governing an america that puts its own citizens first and concentrates on bettering the home country for everybody who lives here. in case you hadn't noticed while you were wasting trillions on useless wars, america has fallen in a pit of overspending, foreclosure and unemployment. john writes the usa needs to get out of iraq as soon as possible. what is the president thinking. the huge budget mess is largely due to the wars in iraq and afghanistan. how can they think of cutting social security or medicare for our seniors and disabled citizens at the cost of these wars? i'm 60 and i feel my future is very uncertain. ter fre arizona writes how many way do i need to respond with no for my reply to be read on air? you got it done. >> i hope that makes terry happy. >> i don't care if it does or not. >> new evidence of the dangerous links between al qaeda leaders and the growing terror threat in somalia. wa can casey anthony expect when she walks out of jail next week. the security and the spectacle >>> new information
afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something that speaker boehner said why he cannot support the democrats' plan. he said the administration says they need all of the increase up front so he doesn't have to deal with this until after the ele
,000 to afghanistan so we can spend dollars a gallon on gasoline of afghan people spend a dollar and 20 -- $1.20. it is ridiculous what we allow these people to get away with. and how many people -- i think there is 37% of this nation that consider themselves republicans now. i just can't believe there are that many stupid people in this nation. have a nice day, susan b. host: thank you. a headline in "the wall street journal." sara lee and janet hook. one note -- investors in u.s. treasuries are not betting a major deal will solve the u.s. debt situation. a tweet from peter hogan -- >> is clarksburg, west virginia. dispensed -- next is clarksburg, west virginia. spence. caller: i would like to say united we stand and divided we fall and we need to apply it to the government. we need to start with congress eliminating their little perks. some of the benefits we give to congress -- and the military men, paying them what they do, benefits for life, but when these clowns of their retired they carry a lifetime package with them. if we want to talk about deficit cuts, maybe we can close some of th
and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold. you shouldn't be totally reassured. that is quite a move in that sort of short period
eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that? >> well, you know, that's unfortunately what we're face
Search Results 0 to 48 of about 49 (some duplicates have been removed)